Recycling of Wind Turbine Blade Market Report: CAGR is Projected to 47.3%

Recycling of Wind Turbine Blade Market Summary

According to the new market research report “Global Recycling of Wind Turbine Blade Market Report 2023-2029”, published by QYResearch, the global Recycling of Wind Turbine Blade market size is projected to reach USD 261.2 million by 2029, at a CAGR of 47.3% during the forecast period.

• Global Recycling of Wind Turbine Blade MarketSize(US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Recycling of Wind Turbine Blade Market Report 2023-2029.

Market Drivers:

Retirement trend of wind turbines: The operating life of wind turbines is 20 years, and most motors are replaced after 15-25 years of service. The replacement capacity is large, the market scale is huge, and the development prospects of recycling projects are promising.

Environmental protection requirements: After wind turbine blades are discarded, a large amount of solid waste will be generated. The increasing awareness of environmental protection has driven the demand for wind turbine blade recycling.

Restraint:

Difficulty in technology and high cost: As a large composite material, wind turbine blades face difficulties in recycling technology and high recycling costs. Currently, in addition to incineration and landfill, domestic and international efforts are still exploring ideal recycling methods that can be scaled up.

Lack of active participation of stakeholders: The wind turbine blade recycling market lacks the participation of relevant wind power manufacturers, wind power investors, etc., and lacks sustained investment and support, thereby limiting the driving force of market development.

• Global Recycling of Wind Turbine Blade Top10Players Ranking and Market Share（Continually updated）

Based on or includes research from QYResearch: Global Recycling of Wind Turbine Blade Market Report 2023-2029.

The global key manufacturers of Recycling of Wind Turbine Blade include Stena Recycling AB, Carbon Rivers, ANMET, Eurecum, HJHansen Recycling Group, etc. In 2022, the global top four players had a share approximately 56.85% in terms of revenue.

• Recycling of Wind Turbine Blade,Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Recycling of Wind Turbine Blade Market Report 2023-2029.

• Recycling of Wind Turbine Blade,Global Market Size, Split by ApplicationSegment

Based on or includes research from QYResearch: Global Recycling of Wind Turbine Blade Market Report 2023-2029.

• Recycling of Wind Turbine Blade,Global Market Size, Split by Region

Based on or includes research from QYResearch: Global Recycling of Wind Turbine Blade Market Report 2023-2029.

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